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<p>[QUOTE="GDJMSP, post: 1207021, member: 112"]For whatever reason people who do not know the history of coin grading seem to assume that market grading was invented by the TPGs. It wasn't. It was invented collectively by the ANA. And some of the people who figured prominently in that decision were by no coincidence the very same people who started up the TPGs. Those very same people helped to agree on and write the Grading Standards adopted by the ANA.</p><p><br /></p><p>But then a funny thing happened. Even before they opened their doors for business the owners of the TPGs decided that they would not follow the standards adopted by the ANA, and they developed their own, unique, grading standards that differed in many ways from those the ANA decided to use. And over the years, the TPGs continued to alter their grading standards to suit the whims of their customers and the market.</p><p><br /></p><p>That, in and of itself, is why so few today understand what market grading even is, let alone what it was when it was first invented.[/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 1207021, member: 112"]For whatever reason people who do not know the history of coin grading seem to assume that market grading was invented by the TPGs. It wasn't. It was invented collectively by the ANA. And some of the people who figured prominently in that decision were by no coincidence the very same people who started up the TPGs. Those very same people helped to agree on and write the Grading Standards adopted by the ANA. But then a funny thing happened. Even before they opened their doors for business the owners of the TPGs decided that they would not follow the standards adopted by the ANA, and they developed their own, unique, grading standards that differed in many ways from those the ANA decided to use. And over the years, the TPGs continued to alter their grading standards to suit the whims of their customers and the market. That, in and of itself, is why so few today understand what market grading even is, let alone what it was when it was first invented.[/QUOTE]
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